The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for PotlatchDeltic Corporation (PCH) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $47.69. The PotlatchDeltic Corporation has recorded 137,102 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that PotlatchDeltic 2022 ESG Report: Protecting Water Quality – SMZs.
The company is listed on the NASDAQ and operates within the REIT – Specialty industry segment. At the end of the last regular session, the stock closed at $47.69 and fluctuated between $47.75 as its day high and $47.22 as its day low. The current market capitalization of PotlatchDeltic Corporation is $3.80B. A total of 0.86 million shares were traded on the day, compared to an average of 361.39K shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, PCH has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 5,807 shares. Over the last 12 months, there were 30 BUYs and 43 SELLs from insiders. Insiders purchased 222,641 shares during that period but sold 134,377.
In the most recent transaction, COVEY MICHAEL J sold 48,248 shares of PCH for 46.41 per share on Feb 28. After the transaction, the Director now owns 116,768 company shares. In a previous transaction on Feb 17, COVEY MICHAEL J sold 5,547 shares at 47.06 per share. PCH shares that Director owns now total 165,016.
Among the insiders who sold shares, CREMERS ERIC J disposed of 2,007 shares on Feb 17 at a per-share price of $47.02. This resulted in the President and CEO holding 197,122 shares of PCH after the transaction. In another insider transaction, Richards Jerald W sold 1,359 shares at $47.02 per share on Feb 17. Company shares held by the VP, Chief Financial Officer now total 66,464.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. PotlatchDeltic Corporation pays an annual dividend of $1.80, resulting in a dividend yield of 3.77%, and it has a price to earnings (P/E) ratio of 40.80. PCH’s most recent ex-dividend date was 9/14/2023 when it declared a $0.45 quarterly dividend that was paid in cash on 9/29/2023. Previously, the company paid the dividend on 6/30/2023 with an ex-dividend date of 6/1/2023. The PCH stock dividend was $0.45 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for PCH in the last 3 months, the mean price target is $56.75 with high estimates of $60.00 and low estimates of $54.00. In terms of 52-week highs and lows, PCH has a high of $54.44 and a low of $38.26.
As of this writing, PCH has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.28 per share and a lower estimate of $0.14. The company reported an EPS of $0.2 in the last quarter, which was 25.00% higher than expectations of $0.16.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PCH’s latest balance sheet shows that the firm has $296.15M in Cash & Short Term Investments as of fiscal 2021. There were $758.26M in debt and $126.18M in liabilities at the time. Its Book Value Per Share was $27.86, while its Total Shareholder’s Equity was $1.53B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PCH is Buy with a score of 4.14.